Word: bonde
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Dates: during 1980-1989
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ATLANTA--Civil-rights leader and Visiting Professor of Afro-American Studies H. Julian Bond denied in court papers yesterday that he is father to a child born to an Atlanta-based flight attendant...
...answer to a paternity lawsuit filed Sept. 15 by Deborah Kaye Moore, Bond said he was never informed by Moore that she was pregnant or that she had given birth to a daughter. Mia Lauren Moore was born August...
...ranks of predators, among them a man so dedicated to consumption that he is labeled "the Human Piranha"; a Briton so chilly to his colleagues that he is called "Sir Sangfroid"; an irritable trader who throws a phone at his clerk every time he passes; and a bond trader who thrives on global catastrophe. Minutes after the Chernobyl disaster, this fellow advises, "Buy potatoes." Lewis suddenly understands: "Of course. A cloud of fallout would threaten European food and water supplies . . . placing a premium on uncontaminated American substitutes...
...this year's rally has rested on some shaky foundations. Chief among them is the relentless pace of corporate takeovers, which enriched everyone on Wall Street, from stockholders to investment bankers. But the buyouts have been fueled by financing from a junk-bond market that was severely weakened last month when Canadian developer Robert Campeau nearly defaulted on $1.27 billion of debt payments on loans that he had used to acquire Allied Stores and Federated Department Stores. In the wake of Campeau's problems, the money for new takeovers has begun...
Many investors, especially short-term speculators, were badly shaken. The biggest losers were Wall Street arbitragers, who make money by buying the stock of takeover targets and selling it at a higher price when the deals go through. The high anxiety about the junk-bond market sent the stocks of takeover targets plunging across the board. "The arbs got their heads handed to them," said Anson Beard, the chief trader for Morgan Stanley. "Very few anticipated that the UAL buyout could fail." Small investors suffered less because they have been less active in the market since the 1987 crash...